Clare Market Investments LLC Makes New $521,000 Investment in iShares Copper and Metals Mining ETF $ICOP

Clare Market Investments LLC purchased a new position in shares of iShares Copper and Metals Mining ETF (NASDAQ:ICOP) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,950 shares of the company’s stock, valued at approximately $521,000. Clare Market Investments LLC owned 0.13% of iShares Copper and Metals Mining ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Evolution Wealth Management Inc. purchased a new stake in shares of iShares Copper and Metals Mining ETF during the 1st quarter worth approximately $25,000. JFS Wealth Advisors LLC acquired a new position in iShares Copper and Metals Mining ETF in the 4th quarter valued at $27,000. HHM Wealth Advisors LLC purchased a new stake in iShares Copper and Metals Mining ETF during the fourth quarter valued at about $29,000. Steward Partners Investment Advisory LLC raised its position in iShares Copper and Metals Mining ETF by 147.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,334 shares of the company’s stock valued at $59,000 after purchasing an additional 794 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in iShares Copper and Metals Mining ETF during the 3rd quarter worth approximately $76,000. Institutional investors and hedge funds own 1.35% of the company’s stock.

iShares Copper and Metals Mining ETF Price Performance

Shares of ICOP opened at $49.99 on Tuesday. The firm has a market cap of $434.91 million, a price-to-earnings ratio of -17.79 and a beta of 0.92. iShares Copper and Metals Mining ETF has a 52-week low of $28.51 and a 52-week high of $60.08. The business’s 50 day moving average is $52.24 and its two-hundred day moving average is $50.68.

iShares Copper and Metals Mining ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.2713 per share. The ex-dividend date was Monday, June 15th. iShares Copper and Metals Mining ETF’s payout ratio is -31.67%.

iShares Copper and Metals Mining ETF Profile

The iShares Copper and Metals Mining ETF (ICOP) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-capitalization weighted index composed of stocks of copper and metal ore mining companies globally. Stocks are quantitatively screened to identify stocks with significant revenue tied to this space ICOP was launched on Jun 21, 2023 and is managed by BlackRock.